Thanks in advance!

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

There will be gaps of course, but I would suggest that you use this to your advantage to max out your rental potential in advance. 

The thing that I don't see getting talked about much is the on going reporting requirements for property financials and borrower financials. 

Meaning, can I receive a weekly report of what is going on , as we will properties?

So far - I have been making a ton of posts on different Facebook groups and just now made my BP account (I have been a LONG TIME lurker here).Thanks in advance and I appreciate any and all help.

Not a collection agency, but have you considered using a rent reporting company to report the debt directly onto their credit reports with the Credit Bureaus? 

Thanks in advance,JK

Deeper Dive into Rental Demand:Here are a few alternative ways to gauge rental demand:Local Property Managers: Reach out to property managers in the area for insights on vacancy rates, tenant demand, and how long it typically takes to rent similar properties.Vacancy Rates: Research the average vacancy rates in that zipcode through local real estate reports or rental listing platforms like Zumper or Rentometer.Rent Growth Trends: Check whether rents have been rising, stagnating, or falling in that market over the past few years.

If your short term rental is advertised on a platform not doing this, then the operator must continue to report and pay HOT directly to the city every month.